[MARKET ANALYSIS] Oil prices attempt to nurse losses after slumping on Trump's strike cancellation and touted talks

WTI/Brent: WTI Sep'26 +0.9% / Brent Oct'26 +0.9%Oil nurses some of its losses after slumping yesterday due to Trump's cancellation of Iran strikes and touted talks, while he also stated that they are talking about having the Strait open by Tuesday. Nonetheless, oil prices are mildly higher overnight amid some reports of Iran targeting a US base in Kuwait with three drones and with UKMTO announcing a vessel was struck by an unknown projectile off Oman's coast.Gold: +0.1%Trades indecisively amid the recent decline in yields and a resilient dollar, while participants also await key US jobs data later in the week.Copper: +0.3%Prices are kept afloat following the stock market rally on Wall St, but with gains capped amid the indecision in Asia.